1045E- : Notification: S.0.1045(E) Date of Issue: 18/10/2001
Notification No.
1045E-
Notification Date
18/10/2001
Upload Date
18/10/2001
Notification: S.0.1045(E)
Section(s) Referred: s. 35AC
Statute: INCOME TAX
Date of Issue: 18/10/2001
Notification No. S.O. 1045(E), dated 18th October, 2001.
In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee, hereby specifies the eligible projects or schemes of the institutions mentioned in column (2) of the table, as approved by such Committee whose estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under the said section 35AC, namely :
S.No. Name of the Institution Maximum Project or scheme and estimated cost thereof deduction under section 35AC Amount of cost to be allowed as (lakhs)
(1) (2) (3) (4)
1.
Aravali Vikas Mandal, 302, Maitri Co-operative Housing Society, Golangi Mill Road, Parel, Mumbai 400 012.
Construction of building, residential quarters for staff, purchase of equipments / machines, furnishing of Aravali Medical & Research Centre at Aravali, District Sindhidurg, Maharashtra, likely to cost Rs.590 lakhs. Rs.548.90
2. Construction of building, purchase of equipments/ books, furnishing, establishment and running of vocational education and training center Kamala Nehru Education and Rehabilitation center at Madur Town, Mandya District, Karnataka, likely to cost Rs.45.76 lakhs Rs.38.46 lakhs
3. Council for Rural welfare, P.O. Sabang, District Midnapore, West Bengal 721 144. Construction of old age home at Bagberia village, Sabang Block, Midnapore District, West Bengal, likely to cost Rs. 6.17 lakhs. Rs.6.17 lakhs
4. Cipla Cancer and Aids Foundation, C/o. Cipla Ltd., Mumbai Central, Mumbai 400008. Construction, furnishing, equipments, road development and running of Hemmed Institute for Education and Research in Palliative Care Science for medical and paramedical students at Warje, Pune, likely to cost Rs. 270 lakhs. Rs.270 lakhs
5. Sense International (India), 405, Favorite Residency, Opposite Saint Xavier’s Loyola School, Memnagar, Ahmedabad 380015. Comprehensive rehabilitation services for the deafblind all over India, likely to cost Rs.3 crores. Rs.2 crores
6. Development on Communication, Arts and Culture, Science, Economic and Education Centre (D-Casus-Education Centre), DCEC, H/o Construction of building for running of school and hostel and residential school for girls, sports materials, uniforms, utensils, furnishing, purchase of equipments, books, etc., at Ningthoukhong, Bishnupur Dist., Manipur, likely to cost Rs. 883.84 lakhs Rs.313.75 lakhs
7. Council for Rural Welfare, P.O. Sabang, District Midnapore, West Bengal 721 144. Farmers’ Co-operation Centre for sustainable agriculture at Sabang Block, Midnapore District, West Bengal, likely to cost Rs.5.94 lakhs. Rs.4.45 lakhs
8. The Kuppuswamy Naidu Charity Trust for Education and Medical Relief, 88, Netaji Road, Pappanaickenpalayam, Coimbatore 641037. Running of Chid-bavananda Rural Education and Medical Centre, Veerapandi, Rural Medical Centre at Anaikatti and construction and running of G. Kuppuswamy Naidu Memorial Hospital at Coimbatore, Tamil Nadu, likely to cost Rs.557.75 lakhs including a corpus fund of Rs.500 lakhs. Rs.557.75 lakhs including a corpus fund of Rs. 500 lakhs
9. Polio Eradication Private Sector Campaign Trust, C/o. United Phosphorus Ltd., Uniphos House, C.D. Marg, 11th Road, Khar (West) Mumbai 400 052. Polio Eradication Private Sector campaign all over India, likely to cost Rs.2,500 lakhs. Rs.2,500 lakhs
2. This notification shall remain in force for a period of two years in relation to the assessment years 2002-2003 and 2003-2004 in respect of project mentioned at serial No. 9 and for a period of three years in relation to the assessment years 2002-2003, 2003-2004 and 2004-2005 in respect of projects and schemes mentioned at Serial Nos. 1, 2, 3, 4, 5, 6, 7 and 8.
No. 326-2001/F. No. 100/2001]
